Golden State Mining Ltd Total Assets
Golden State Mining Ltd total assets. Based on the latest financial reports, Golden State Mining Ltd (GSM) holds total assets worth AU$1.12 Million AUD (≈ $792.75K USD) as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see Golden State Mining Ltd market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Golden State Mining Ltd (2018–2026)
Total assets of Golden State Mining Ltd from 2018 to 2026. This chart illustrates how Golden State Mining Ltd's total assets have evolved over time, based on quarterly financial data. See GSM stock price and chart for real-time trading data and today's change.
Golden State Mining Ltd - Asset Composition Analysis
Golden State Mining Ltd Total Assets Breakdown (June 2026)
Golden State Mining Ltd total assets breakdown as of June 2026. Golden State Mining Ltd's total assets of AU$1.12 Million consist of 99.6% current assets and 0.4% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 98.9% |
| Accounts Receivable | AU$3.33K | 0.3% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2018–2026)
This chart illustrates how Golden State Mining Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore how liquid is Golden State Mining Ltd's working capital to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Golden State Mining Ltd's current assets represent 99.6% of total assets in 2026, an increase from 89.6% in 2018.
- Cash Position: Cash and equivalents constituted 98.9% of total assets in 2026, up from 51.5% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
Golden State Mining Ltd Competitors by Total Assets
Key competitors of Golden State Mining Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Northern Star Resources Limited
F:NS7
|
Germany | €20.43 Billion |
|
Newmont Corporation
AU:NEM
|
Australia | AU$57.67 Billion |
|
Gold Fields Ltd ADR
NYSE:GFI
|
USA | $15.60 Billion |
|
Evolution Mining Ltd
AU:EVN
|
Australia | AU$10.02 Billion |
|
Dpm Metals Inc.
AU:DPM
|
Australia | AU$3.08 Billion |
|
Genesis Minerals Ltd
AU:GMD
|
Australia | AU$2.89 Billion |
|
Perseus Mining Ltd
AU:PRU
|
Australia | AU$2.93 Billion |
|
Gold Road Resources Ltd
AU:GOR
|
Australia | AU$1.84 Billion |
Golden State Mining Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 9.32 | 1.90 | 14.54 |
| Quick Ratio | 9.32 | 1.90 | 14.54 |
| Cash Ratio | 0.00 | 1.89 | 14.41 |
| Working Capital | AU$995.69K | AU$342.15K | AU$4.11 Million |
Golden State Mining Ltd - Advanced Valuation Insights
This section examines the relationship between Golden State Mining Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.27 |
| Latest Market Cap to Assets Ratio | 3.05 |
| Asset Growth Rate (YoY) | 54.1% |
| Total Assets | AU$1.12 Million |
| Market Capitalization | $3.41 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Golden State Mining Ltd's assets at a significant premium (3.05x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Golden State Mining Ltd's assets grew by 54.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Golden State Mining Ltd (2018–2026)
The table below shows the annual total assets of Golden State Mining Ltd from 2018 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-06-30 | AU$1.12 Million ≈ $792.75K |
+54.09% |
| 2025-06-30 | AU$727.10K ≈ $514.47K |
-62.46% |
| 2024-06-30 | AU$1.94 Million ≈ $1.37 Million |
-12.10% |
| 2023-06-30 | AU$2.20 Million ≈ $1.56 Million |
-46.70% |
| 2022-06-30 | AU$4.13 Million ≈ $2.93 Million |
-8.22% |
| 2021-06-30 | AU$4.50 Million ≈ $3.19 Million |
+73.20% |
| 2020-06-30 | AU$2.60 Million ≈ $1.84 Million |
-9.61% |
| 2019-06-30 | AU$2.88 Million ≈ $2.04 Million |
+805.33% |
| 2018-06-30 | AU$317.82K ≈ $224.88K |
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About Golden State Mining Ltd
Golden State Mining Limited, through its subsidiaries, engages in the acquisition, exploration, evaluation, and investment of mineral properties in Australia. The company explores for gold, lithium, nickel, copper, base metal, and rare earth element deposits. Golden State Mining Limited was incorporated in 2017 and is based in Ardross, Australia.